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Prepare a depreciation schedule which shows the annual depreciation expense on the machine for its 5-year life. End of Year Year Book Value Beginning of
Prepare a depreciation schedule which shows the annual depreciation expense on the machine for its 5-year life.
End of Year | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Year | Book Value Beginning of Year | Depreciation Rate | Annual Depreciation Expense | Accumulated Depreciation | Book Value End of Year | ||||||
1 | $enter a dollar amount | enter percentages % | $enter a dollar amount | $enter a dollar amount | $enter a dollar amount | ||||||
2 | enter a dollar amount | enter percentages % | enter a dollar amount | enter a dollar amount | enter a dollar amount | ||||||
3 | enter a dollar amount | enter percentages % | enter a dollar amount | enter a dollar amount | enter a dollar amount | ||||||
4 | enter a dollar amount | enter percentages % | enter a dollar amount | enter a dollar amount | enter a dollar amount | ||||||
5 | enter a dollar amount | enter percentages % | 10,804* | enter a dollar amount | enter a dollar amount |
*Adjusted to $10,804 because ending book value should not be less than expected salvage value.
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